NOT LISTED FOR SALE

38 Hope St Unit 122 Niantic, CT 06357

Niantic Neighborhood

Estimated Value: $558,861 - $720,000

3 Beds
2.5 Baths
1,860 Sq Ft
$340/mo HOA Fee

Last Sold August 30, 2019

Last sale price $405,000 $218 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,440/month

150 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Community Garden
  • East Lyme Middle School Rated A-
  • Property is near public transit
  • Walking Distance to Water

About This Home

As of August 2019

SUMMER FUN! This is the only 3 bedroom townhome downtown! First floor master suite plus two bedrooms and a bath upstairs. Full unfinished basement. Covered carport space plus parking space in front. Contemporary, open style. Views of Dodge Pond. Our very last town home, private and quiet yet blocks from the village and water. This is the one!

Last Agent to Sell the Property

Carolyn Morrison

Compass Connecticut, LLC License #REB.0789820 Listed on: 03/15/2019

Last Buyer's Agent

Carolyn Morrison

Compass Connecticut, LLC License #REB.0789820 Listed on: 03/15/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,189

Year Built

  • Built in 2017

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Frame Construction
  • HardiePlank Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Attached Carport
  • Guest Parking
  • Visitor Parking

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors with lever handles

Outdoor Features

  • Walking Distance to Water
  • Patio

Schools

  • East Lyme High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Underground Utilities
  • Propane Water Heater

Additional Features

  • Heating system powered by passive solar
  • Home fronts a pond
  • Property is near public transit

Community Details

Overview

  • Association fees include lake/beach access, grounds maintenance, trash pickup, snow removal, property management, pest control, road maintenance, insurance
  • 118 Units
  • Seaside Village Community
  • Property managed by Northeast Property

Amenities

  • Community Garden
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,189

Year Built

Built in 2017

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1860
  • Total Sq Ft: 1860
  • Year Built: 2017
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Lake, Public Rec Facilities, Public Transportation
  • Association Amenities: Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Handicap Features: 32" Minimum Door Widths, Exterior Curb Cuts, Hallways 36+ Inches Wide, Lever Door Handles, Roll-In Shower
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: I-95 exit 74, south 3 miles turn right at Hope Street then right into community. Unit is in "pondside" quad at north end of property.
  • Special Features: None

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full, Unfinished
  • Appliances: Gas Range, Microwave, Refrigerator, Icemaker, Dishwasher, Disposal
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Patio, Underground Utilities
  • Exterior Siding: Hardie Board
  • Waterfront Description: Pond, Access, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Carport, Assigned Parking
  • Garages Number: 2

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Hot Water Description: 50 Gallon Tank, Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 1500
  • Sewer Assess Description: Town assessment is payable over 25 years, annual assessment approximately $600. Transferrable.

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Road Maintenance, Insurance
  • Complex Name: Seaside Village
  • Levels In Unit: 2
  • HOA Fees: 340
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: emyers@neproperty.com
  • Property Manager Name: Eric Myers
  • Property Mgt Company Name: Northeast Property
  • Property Mgt Phone: (860) 437-7005

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: East Lyme
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Passive Solar, Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: Res

Rental Info

  • Pets Allowed Info: 1 dog under 55lbs, 2 cats
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7189
  • Total Assessed Value: 249690
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 2583268

Multi Family

  • Total Num Of Units: 118

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Aug 27, 2019
Sold by
Jv Hope St Llc
Bought by
Hopewell T
Seller's Agent
Carolyn Morrison
Compass Connecticut, LLC
Buyer's Agent
Carolyn Morrison
Compass Connecticut, LLC
List Price
$465,000
Sold Price
$405,000
Premium/Discount to List
-$60,000
-12.9%
Current Estimated Value
$636,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,215
Avg. Annual Appreciation
8.18%
Original Mortgage
$405,000
Outstanding Balance
$376,210
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$270,940
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hopewell T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopewell T $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $405,000 -9.8% $218 / Sq Ft
06/16/2019 06/16/19 Price Changed $449,000 -3.4% $241 / Sq Ft
03/15/2019 03/15/19 For Sale $465,000 -- $250 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,596 $271,180 $0 $271,180
2024 $7,146 $271,180 $0 $271,180
2023 $6,747 $271,180 $0 $271,180
2022 $6,465 $271,180 $0 $271,180
2021 $6,909 $242,340 $0 $242,340
2020 $7,232 $255,010 $0 $255,010
2019 $7,189 $255,010 $0 $255,010
2018 $6,950 $254,100 $0 $254,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carolyn Morrison

    Compass Connecticut, LLC

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Map

Source: SmartMLS

MLS Number: 170173092

SmartMLS

APN: 11.2 122 122

Connecticut New London County Niantic 06357 Niantic

38 Hope St Unit 122, Niantic, CT

This home is located at 38 Hope St Unit 122, Niantic, CT 06357 since 15 March 2019 and is currently estimated at $636,215, approximately $342 per square foot. This property was built in 2017. 38 Hope St Unit 122 is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and The Light House Voc-Ed Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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